Eternal Limited shareholders formally adopted the audited standalone and consolidated financial statements for FY26 and reappointed Sanjeev Bikhchandani as a Non-Executive Nominee Director at its 16th Annual General Meeting on August 26, 2026. The scrutinizer’s report, issued on August 27, 2026, confirmed both ordinary resolutions were passed with the requisite majority.

The voting process, scrutinized by Nitesh Latwal of PI & Associates, saw significant participation from public shareholders. Remote e-voting ran from August 22 to August 25, 2026, while members attending the virtual meeting held on August 26 cast their votes electronically during a 15-minute window. Shareholders holding shares as on the cut-off date of August 19, 2026, were eligible to vote.

Voting Results

The resolution to adopt the financial statements for the year ended March 31, 2026, received overwhelming support. A total of 6,33,53,66,784 votes were cast in favor, representing 99.9983% of the valid votes polled. Only 1,06,935 votes were cast against the resolution. Notably, 14,71,08,601 votes were declared invalid, all originating from the Public Institutions category.

The second resolution, concerning the reappointment of Sanjeev Bikhchandani, also passed but faced more dissent. 5,93,81,21,472 votes were cast in favor (92.9599%), while 44,97,07,012 votes were cast against (7.0401%). The same volume of invalid votes (14,71,08,601) was recorded for this resolution as well.

Attendance and Participation

A total of 299 members attended the meeting via video conferencing, all from the public category. No promoters or promoter group members were present. As of the record date, there were 22,44,391 shareholders. The total outstanding shares considered for voting were 9,21,13,59,670. Shares held by the Employee Benefit Trust (43,89,90,977 equity shares), classified as "Non-Promoter Non-Public," were excluded from the voting calculation.

Institutional investors showed high engagement, polling 5,75,98,87,664 votes for the financials and 5,81,22,09,297 votes for the director's reappointment. Non-institutional public shareholders polled significantly fewer votes relative to their holdings, indicating lower participation rates among retail investors compared to institutions.

Meeting Details

The AGM was hosted by National Securities Depository Limited and commenced at 12:00 pm, concluding at 1:15 pm IST. Kaushik Dutta, Chairman of the Board, presided over the proceedings after confirming the quorum. Key attendees included Vice Chairman Deepinder Goyal, CEO Albinder Singh Dhindsa, CFO Akshant Goyal, and Company Secretary Sandhya Sethia. Statutory auditors from Deloitte Haskins & Sells and secretarial auditors from Chandrasekaran Associates were present to address audit-related queries.

Eternal Limited (formerly Zomato Limited) reported a consolidated net profit after tax of ₹71.73 crore for the quarter ended June 30, 2026, marking a significant increase from the ₹58.37 crore recorded in the corresponding period of the previous year. Total income from operations rose 31% to ₹163.37 crore in Q1FY27, compared to ₹124.49 crore in Q1FY26. Alongside these financial results, the company announced that its 16th Annual General Meeting (AGM) will be held on Wednesday, August 26, 2026, via Video Conferencing or Other Audio Visual Means (OAVM). Shareholders are advised to note the remote e-voting window, which opens on August 22 and closes on August 25, 2026.

The financial performance reflects strong operational momentum entering FY27. Consolidated earnings per share (EPS) stood at ₹58.36 (basic) for the quarter, up from ₹44.11 in Q1FY26. For the full year ended March 31, 2026, Eternal reported a consolidated net profit after tax of ₹182.53 crore against total income of ₹599.51 crore. The standalone results also showed growth, with net profit after tax reaching ₹35.09 crore in Q1FY27, compared to ₹30.15 crore in the year-ago quarter. Standalone revenue from operations was ₹81.79 crore in the current quarter.

Financial Highlights

Note: Figures are rounded to two decimal places based on source data in lakhs.

AGM and E-Voting Details

The 16th AGM is scheduled for August 26, 2026, at 12:00 P.M. (IST). The cut-off date to determine voting eligibility is Wednesday, August 19, 2026. Shareholders holding shares as on this date are entitled to vote. Remote e-voting will commence on Saturday, August 22, 2026, at 9:00 A.M. (IST) and conclude on Tuesday, August 25, 2026, at 5:00 P.M. (IST). Once cast, votes cannot be modified. Members who have voted remotely may attend the meeting via VC/OAVM but cannot vote again.

Shareholders who have not registered their email addresses with the company, Registrar and Share Transfer Agent (RTA), or Depository Participants (DPs) must do so to access the AGM notice and Annual Report electronically. Physical copies can be requested by writing to companysecretary@eternal.com or the RTA, MUFG Intime India Private Limited. The documents are also available on the company’s website, www.eternal.com , and the stock exchange portals.

Regulatory Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on July 29, 2026. The Statutory Auditors have issued an unmodified limited review report on the Q1FY27 results. The AGM notice and related communications comply with Regulation 30 of the SEBI Listing Regulations and General Circular No. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs (MCA), which permits virtual meetings.